Volume : IV, Issue : III, April - 2014 GREEN BANKING- ANEED TO FOCUSShilpika Laxman, - By : Laxmi Book Publication Abstract : “Green banking” is an effort by the banks to make the industries grow green & in the process
restores the natural environment. Climate change has become a global concern as it has direct impact on
biodiversity , agriculture, forestry , dry land, water resources& human health. In a globalize economy , it is
the time to consider environmental policies because environmental impact might affect to the rate of
return & reputation of the business in the long run. Among the business organizations, one of the major
economic agent influencing overall industrial activity & economic growth is the financial institution
such as banking sector . As a result, bank continuously strives to ensure that its operations are
environment- friendly & discourages financing projects contrary to it. Those industries which have
already become green and those, which are making serious attempts to grow green, should be accorded
priority to lending by the banks. Keywords : Article : Cite This Article : Shilpika Laxman, -(2014). GREEN BANKING- ANEED TO FOCUS. Indian Streams Research Journal, Vol. IV, Issue. III, http://isrj.org/UploadedData/4469.pdf References : - Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
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- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
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- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
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- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
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- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
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- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
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- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
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- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
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- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- 2010- March 2011 |82
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Sahitha Abdullah, Banks going green, http://www .mbaskool.com/business-articles/finance/899-banks-going-green.html
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- Bihari, Suresh Chandra. "Green Banking-Towards socially responsible banking in India" IJBIT/ V olume 4/ Issue 1 /October
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- W eber, O. and Remer S. (201 1). Social Banks and the Future of Sustainable Finance. New Y ork : Routledge.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Biswas, N. (201 1). Sustainable Green Banking Approach: The Need of the Hour, Business Spectrum, V ol. I No. 1, pp. 32-38.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Sahoo, P . and Nayak, B. P . (2008). Working Paper submitted to Institute of Economic Growth, New Delhi.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- Thombre, K. A. (201 1). “The New Face of Banking: Green Banking”, Research Paper – Commerce, V ol. 1 Issue 2, pp. 1-4.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
- Goyal, K.A. and Joshi, V . (201 1). “A Study of Social and Ethical Issues in Banking Industry”, International Journal of
- 2010- March 2011 |82
- Sahoo, Pravakar and Nayak, Bibhu Prasad, (2008), Working Paper submitted to Institute of Economic Growth, New Delhi.
- Economics and Research, V ol. 2 Issue 5, pp. 49-57.
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